Smith Douglas Homes Corp reports results for the quarter ended in March - Earnings Summary

Smith Douglas Homes

14/05/2024 15:23

* Smith Douglas Homes Corp  SDHC.N  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in
March.  The mean expectation of six analysts for the quarter was
for earnings of 31 cents per share. Wall Street expected
results to range from 29 cents to 34 cents per share.
    * Revenue was $189.21 million​; analysts expected $188.36
million. 
    * Smith Douglas Homes Corp's reported EPS for the quarter
was 33
cents​.
    * Smith Douglas Homes Corp shares had fallen by 1.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 26.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the homebuilding
peer
group is also "hold"

Wall Street's median 12-month price target for Smith Douglas
Homes Corp is $28.00 
This summary was machine generated from LSEG data May 14 at
02:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.31           0.33           Beat
 Dec. 31 2023      0.40